Japanese stocks decline in early trading

V.Phani Kumar

HONG KONG (MarketWatch) -- Japanese stocks fell early Friday, giving up their gains from Thursday, as exporters such as Canon Inc.
7751, -1.39%CAJ, -0.17%
and Honda Motor Corp.
7267, -0.92%HMC, -1.30%
reacted to the yen's rise against the U.S. dollar. The Nikkei 225 index
NIK, -1.31%
fell 0.9% to 16,113.19, while the broader Topix index
I0000, -1.23%
lost 0.6% at 1,559.70. Australian shares advanced on U.S. stocks' gains, with the S&P/ASX 200 adding 0.3% to 6,270.50 on miners such as Rio Tinto
RIO, -0.94%RIO, -2.03%
and BHP Billiton
BHP, -2.24%BHP, -1.72%
while New Zealand's NZX 50 index added 0.2% to 4,149.37. South Korean shares were volatile, with the Kospi
xx:1807211
slipping 0.2% to 1,884.69, after rising as high as 1,892.95 earlier in the day. Thursday on Wall Street, the Dow Jones Industrial Average
DJIA, -1.24%
climbed 57 points to finish at 13,363.

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